Playtech plc (LON:PTEC) had its price target lowered by from GBX 1,180 ($15.52) to GBX 1,000 ($13.15) in a research note published on Monday. currently has a buy rating on the stock.

A number of other equities research analysts also recently issued reports on PTEC. lowered their price objective on Playtech plc from GBX 1,180 ($15.52) to GBX 1,000 ($13.15) and set a buy rating on the stock in a research report on Monday. Deutsche Bank AG reiterated a buy rating and issued a GBX 1,060 ($13.94) price objective on shares of Playtech plc in a research report on Monday. Berenberg Bank lowered their price objective on Playtech plc from GBX 1,180 ($15.52) to GBX 1,000 ($13.15) and set a buy rating on the stock in a research report on Monday. Morgan Stanley lowered their price objective on Playtech plc from GBX 1,400 ($18.41) to GBX 1,050 ($13.81) and set an overweight rating on the stock in a research report on Friday, November 3rd. Finally, Numis Securities Ltd reiterated a buy rating and issued a GBX 1,040 ($13.68) price objective on shares of Playtech plc in a research report on Thursday, November 2nd. Fifteen investment analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and a consensus price target of GBX 1,052.86 ($13.85).

Shares of Playtech plc (PTEC) opened at GBX 804 ($10.57) on Monday. Playtech plc has a 12-month low of GBX 712.08 ($9.37) and a 12-month high of GBX 1,020 ($13.42).

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The company also recently declared a dividend, which was paid on Tuesday, October 24th. Shareholders of record on Thursday, September 21st were given a dividend of €0.12 ($0.14) per share. The ex-dividend date of this dividend was Thursday, September 21st. This represents a yield of 1.12%.

Playtech plc Company Profile

Playtech plc supplies online gaming software. The Company and its subsidiaries develop software platforms for the online and land-based gambling industry. Its gaming applications include online casino, poker and other pay to play games, bingo, mobile, live gaming, land-based terminal and fixed-odds games.

Analyst Recommendations for Playtech plc (LON:PTEC)

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